Is Barack Obama’s Money Gettin’ Funny? – Presidential Center Suffering Fundraising Decline

EURweb ^ | 3/08/25 | Chris Richburg

[Libloather]

*Barack Obama’s efforts to raise money to compete construction on his $830 million presidential center are reportedly in jeopardy.

According to The Daily Beast, costly delays and worrying setbacks are hindering what should be a lasting tribute to America’s first black president. So much so that its raised questions among center fundraisers about the M.I.A. status of some of the center’s heavy contributors.

To some, Obama’s struggle to obtain funds is music to their ears, considering fundraising for the center dipped more than 50% to $129,320,227. in 2023. IRS filings also found that more than $311 million in funds were amassed in 2022 from respective $100 million donations from Jeff Bezos and Airbnb CEO Brian Chesky. As a result, the 2024 totals are nervously anticipated by supporters as costs and delays rise.

“He’s arrogant,” a donor who ended up giving substantially less than they could told the Beast. “He didn’t help others when they were trying to fundraise and so they’re not going to look out for the Obamas now. There’s no quid pro quo because it’s a one-way street.”

The fundraising drama is further heightened by questions donors may be raising on more than $5 million paid out in “executive compensation” in 2023 as well as $27,365,683 in other wages the same year. In addition, the $740,000 salary paid to Obama’s friend Valerie Jarret is coming under the microscope, especially for a project that is not likely to open for another year at the earliest.

According to the Beast, the Obama presidential center is on track to take a record time – at least 3,100 days – between the end of a presidency and the opening of a presidential library. Right now, various buildings with the looming tower at the heart of the privately-funded 10-acre complex are in various...

[Libloather]

Terrible news. Brandon could use one of his mansions as a library. Even display Hunter's artwork for sale.

[Skwor]

Looks like USAID was the last of his reliable donors and that has dried up.

Brings a tear to my eye :)

[knarf]

All the scams will shut down and the scammers exposed.

There ain't NUTHIN' like a bunch of millionaires/billionaires and patriots, working for free to correct the wrongs and actively do right.

[KarlInOhio]

No future to inspire bribes and no Clinton body count to inspire fear. And now no USAID cash flow to fund everyone on the left.

[Brian Griffin]

“$830 million presidential center”

He could have bought thousands of ‘affordable’ apartments for the needy with that much money.

[gundog]

What’s he need a library for? Put up a styrofoam Parthenon knock-off, with a giant statue of The One in the middle, and a displsy case for the Nobel Peace Prize. Done.

[Liz]

Obama named her the head of the project and the $740,000 salary hanger-on Valerie Jarret pockets
is under the microscope, for a project that is not likely to open for another year at the earliest.

[gundog]

He could buy them from ValJar.

[Liz]

Obama’s presidential center and museum is taking a record 3,100 days –
between the end of his presidency and its projected completion.

Various buildings of the 10-acre complex are still in various stages of construction.

[Liz]

Official govt portrait Nigerian Wally Adeyomo, Biden’s US Treasury hire.

Nigerian Wally Adeyomo is an experienced Democrat and more than proved his worth.

<>he was Biden’s US Treasury hire,

<>Adeyemo abruptly quit Treasury when Trump came in.

<>Ademeyo refused to handover documents chronicling his Treasury activities

<>he quit Treasury leaving $4.7 trillion in unidentified Treasury payments.

<>the Nigerian once headed Obama’s “Foundation” which Obama bragged made him “a billionaire.”

<>why Obama wont discuss his Foundation finances?

[Liz]

Call Congress: (202) 224-3121
U.S. House switchboard operator.

Shakeup Congress on social media.
copy to @potus, @realdonaldtrump @DonaldJTrumpJr @StevenCheung @TrumpWarRoom

Attach news clips, other relevant documents, links.

[Zathras]

I’m thinking this is why Big Mike started the podcast.
The $$$ is drying up and no one wants to pay to listen to them talk.

[spincaster]

I think Pam Bondi needs to check into old Wally’s documents.

[Liz]

No question. Pam Bondi needs to check into old Wally’s unmarked
Treasury documents.......a blank check to whoever receives them.

Did Obama?

[lurk]

Do you envision crowds of people flooding to an Obama library?

[Katya]

Elon should offer to fund it and make their heads explode

[cnsmom]

He destroyed a great city park to build an expensive monstrosity to himself to display nothing of value. I think it is karma that it will never be. The emperor has no clothes so it will be a center of nothing real.

[SMARTY]

I guess it’s hard to pass yourself off as some kind of high roller when ‘other peoples’ money’ dries up 😁

[cnsmom]

Larry Sinclair will vet the entire staff of transgenders to work at the center and Jeremiah Wright will have a mini theater in the center to play all Barack’s speeches to the homeless migrants on a loop and blast through a sound system to cause annoyance for miles.It will be another Obamanation of narcissism.

[Ann Archy]

That Nigerian, WALLY, was in charge of ALL OF OUR MONEY!! A NIGERIAN IN CHARGE OF TRILLIONS .....TRILLIONS of OUR MONEY!!! MAKES PERFECT SENSE!!